1616 Isherwood St Ne, Washington, DC 20002

$1,200,000
: 3,202
SqFt

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List Price: $1,200,000
Days on Market: 131
Status: ACTIVE
MLS#: DCDC2249580
Living Area: 3,202
Lot Size (Acres): 0.08
Style: Colonial
Year Built: 1932
County: Washington DC
School District: District Of Columbia Public Schools

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Property Description

Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium. The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards. Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation curves. The building occupies a quiet residential block with convenient access to dining, retail, parks, and transit, making it naturally appealing to the professional renter profile this submarket consistently attracts. Select units virtually staged. Rent roll available upon request. An income-producing asset with room to run — in a corridor where the trajectory is already written.

(703) 898-1056

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